Air Industries Group Inc (NASDAQ:AIRI) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “Air Industries Group Inc. is engaged in designing and manufactureing flight critical products including flight safety parts, landing gear and components, arresting gear, flight controls, sheet metal fabrications and ground support equipment. The company also offers sheet metal fabrication of aerostructures, tube bending, welding and sub-contract machining services. It serves Prime Defense and Commercial aerospace manufacturers, through its subsidiaries. Air Industries Group Inc. is headquartered in Bay Shore, New York. “

Air Industries Group (NASDAQ:AIRI) traded down 3.23% during mid-day trading on Wednesday, reaching $3.59. The company had a trading volume of 69,447 shares. The stock’s market cap is $27.22 million. Air Industries Group has a 12 month low of $2.21 and a 12 month high of $8.27. The firm’s 50-day moving average price is $3.13 and its 200-day moving average price is $4.22.

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About Air Industries Group

Air Industries Group is an aerospace and defense company. The Company manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. The Company operates in three segments: Complex Machining, Aerostructures and Electronics and Turbine Engine Components.

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